jp morgan

US healthcare stocks were hit hard overnight on news that Amazon has healthcare in its sights, backed by Berkshire Hathaway and JP Morgan. Jamie Dimon summarised plans in saying: “Our goal is to create solutions that benefit our U.S. employees, their families and, potentially, all Americans”.
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Today’s rally notwithstanding, gold has had a relatively low profile start to 2017. This is in stark contract to a year ago, when a volatile stock market and the surprise implementation of NIRP in Japan led to range of optimistic forecasts and proclamations of “a new bull market in precious...
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This chart from JP Morgan Funds shows historical bear markets (a 20% market decline from the previous all time high), what caused them, and the magnitude of the drawdown. “This is meant to illustrate that lofty valuations are not predictors of bear markets, but rather, bear markets are caused by...
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David Kelly, Economist at JP Morgan says the Fed’s inaction on rates has created new uncertainty and is actually helping to subdue growth. “There are two things to bear in mind. The first thing is that markets hate uncertainty and what the Federal Reserve managed to do was add a...
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JP Morgan Funds says that “Despite weak 1Q results, earnings should rebound as macro headwinds subside” so “there are still reasons to be optimistic about equities.” Why? 1) Earnings should stabilize as macroeconomic headwinds of a lower oil price and rising USD abate. 2) Despite the dollar, multinationals and large-cap...
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Nick Gartside, the CIO of Fixed Income at JP Morgan Asset Management says the latest bond sell off is a “correction, not a reversal.” “We had a trade where the ECB was seen as being behind the market. We had a concern over deflation or very low inflation. And what...
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JP Morgan: High Yield Bond markets are a major concern. Investors have piled more than $900BN into taxable bond funds since the start of the GFC back in '08. This flood of money has helped prices surge and yields to fall. However JP Morgan and Blackrock are now warning that...
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Five years into the recover following the financial crisis - history suggests we are now closer to the next crash than the last. JP Morgan's global head of asset allocation, Jan Loeys, says he is now starting to adjust his strategy in anticipation of the next correction. The longest economic...
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JP Morgan: Resources set to soar. JP Morgan has dramatically revised its rating on the resources sector from underweight to overweight on the back of increased Chinese steel demand, commodity imports and tail-winds from cost reductions. The investment bank suggests that the second half of 2014 will see the sector's...
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JP Morgan: Watch USD, credit spreads and risk asset correlations for evidence of a broader sell off. Jan Loeys, head of global asset allocation at JPMorgan says there's no breadth to the market sell-off. Each of the market reversals of the past few weeks has in common that they represented...
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Jamie Dimon, the chief of JP Morgan isn't worried about the end of QE. Dimon says the end of QE is a good thing and will most likely be uneventful. However, Dimon does think interest rates will rise, perhaps to 5% on the 10 year UST, double where it is...
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The too big to fail banks have a larger share of the U.S. banking industry than they have ever had before. So if having banks that were too big to fail was a problem back in 2008, what is it today? The total number of banks in the United States...
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Five years ago the extent of credit losses was the biggest risk for investors looking at financials, today regulation risk is the unknown. According to Uday Chiruvu, of PM Capital, as credit markets across the globe have improved the questions investors need to understand are around the minimum capital levels...
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Bank of England Economist Kate Stratford has found the best real-time proxy for the official estimates of quarterly growth in world GDP and trade. She found that the export orders measure from the J.P. Morgan-sponsored Purchasing Managers Index for manufacturing was the best measure of global activity. Whilst official data...
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